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  • LAUNCESTON, Australia, Nov 18-- Nobody is happy with China's steel sector, certainly not producers in the rest of the world complaining about dumping and not even the Chinese, who are battling increasing losses amid a supply glut. Record low prices, increasing calls from the rest of the world's steelmakers for measures to halt the flow of cheap Chinese exports are...

  • PARIS, Nov 18- Shots rang out in the Saint Denis area of northern Paris early on Wednesday as special police forces launched an operation to catch one of the suspects from Friday night's shooting in the French capital, a police source told Reuters. An Airbus A-380 that departed from Los Angeles landed in Salt Lake City, where passengers and crew were being deplaned...

  • President Barack Obama said on Wednesday work towards the final stage of getting a Trans-Pacific Partnership deal off the ground was not easy, even as he reiterated the pact was a good deal economically. "Execution is critical after we arrived at the text," Obama said in Manila at a meeting with leaders of 11 other TPP member countries on the sidelines of the annual...

  • Nov 18- Ford Motor Co's Lincoln brand is changing the look of its vehicles, starting with a new face for its best-selling model, the MKZ sedan. The new Lincoln look debuted on the Continental prototype earlier this year and drew comparisons to British luxury brands such as Jaguar or Bentley. The MKZ competes with compact luxury sedans such as the General Motors Co...

  • BEIJING, Nov 18- China's commercial banks sold a net $20.1 billion in foreign exchange settlements in October, the country's foreign exchange regulator said on Wednesday, falling sharply from September's $109.2 billion amid signs of easing capital outflows. Capital outflows eased in October as the domestic stock market recovered after a crash over the...

  • MANILA, Nov 18- Russia's grain exports will climb to 35-40 million tonnes by 2020, Prime Minister Dmitry Medvedev said on Wednesday. Russia, one of the world's largest wheat exporters, has estimated total grain shipments to reach almost 30 million tonnes in the current 2015/ 16 marketing year. Moscow cut a wheat export tax from Oct 1 to a level previously proposed...

  • MANILA, Nov 18- Chinese President Xi Jinping said on Wednesday that Beijing will "substantially cut" restrictions on market access for foreign investment, as the country works to reinvigorate its slowing economy. His remarks, made at a meeting of the Asia Pacific Economic Cooperation in Manila, come as China faces criticism from foreign firms over obstacles to...

  • MANILA, Nov 18- Russian Prime Minister Dmitry Medvedev said on Wednesday terrorism was a global challenge and required a a global response. Speaking on the sidelines of a summit of Asia-Pacific nations in Manila, Medvedev said: "The terror attacks that Russia and France have just faced affected the whole world. The terrorism expansion is indeed a global...

  • RPT-SHOOTING IN NORTH PARIS ST DENIS AREA DURING POLICE OPERATIONS- FRENCH MEDIA.

  • SHANGHAI, Nov 18- China stocks reversed early losses and ended Wednesday morning firmer, with market sentiment lifted by surging property shares as October home price data strengthened expectations that the economy may be bottoming out. Hong Kong stocks also edged up in morning trading. Mainland investors drew confidence from data showing China's home...

  • MANILA, Nov 18- Chinese President Xi Jinping said on Wednesday that the fundamentals of China's economy remain positive, the economy is proving resilient to the pains of deepening reform and there is ample room to fend off downward pressure.

  • WASHINGTON, Nov 17- A 12- nation Pacific Rim free-trade deal, facing stiff opposition from many Democrats and unexpected resistance from Republicans, is unlikely to be voted on by the U.S. Congress before President Barack Obama leaves office, according to some Republican lawmakers and aides. "Nobody wants to do it in the lame duck either so it will probably carry...

  • Nov 17- Barclays Plc will pay at least another $100 million in a settlement with the New York financial regulator to resolve allegations that it rigged foreign exchange markets, a person familiar with the matter said. Barclays agreed to pay $120 million earlier this month to settle private U.S. litigation accusing it of conspiring with rivals to rig the...

  • BEIJING, Nov 18- China's rail freight volume in October fell 16.3 percent from a year earlier to 280 million tonnes, the nation's top economic planner said on Wednesday. The volume of goods carried by China's railways in the first ten months was down 11.9 percent from a year ago to 2.8 billion tonnes, the National Development and Reform Commission said on its...

  • *Wheat falls as global production prospects improve. *Corn flat, soybeans edge lower. Corn was flat, while soybeans edged lower after both drew some support from technical buying.

  • *Copper, gold at multi-year lows, oil up after stockpile rise. Copper continued to suffer, shedding 1.5 percent to $4,612.50 a tonne after hitting a 6-1/ 2- year low of $4,590 overnight, amid fears of waning demand from China. MSCI's broadest index of Asia-Pacific shares outside Japan slipped about 0.2 percent.

  • *Bigger fiscal spending post- Paris to weigh on euro long-term. TOKYO, Nov 18- The dollar sat near a 7- month high against a basket of currencies on Wednesday as the euro slid on expectations for more monetary easing by the European Central Bank in December. The common currency was down 0.1 percent at $1.0635 after touching a 7- month trough of $1.0630 overnight, hurt...

  • TOKYO, Nov 18- Japanese stocks edged up on Wednesday morning to their highest in three months as investors shook-off Wall Street's decline and bought into the dollar's growing strength against the yen. "The reaction to the very scary events in Europe over the weekend have actually been quite sanguine, which goes to show just how much nervousness and negativity...

  • BEIJING, Nov 18- Home prices in China rose for first time in over a year in October on an annual basis, signaling a housing market stabilization that could help re-energize the listless economy. "Home prices are unlikely to see big gains in second-and third-tier cities in future, as they are struggling with high inventories," said Guo Lei, an economist at Founder...

  • CHINA'S COMMERCIAL BANKS' NET FOREX SALES $20.1 BLN IN. BEIJING, Nov 18- China's commercial banks sold a net $20.1 billion of foreign exchange in October settlements, the foreign exchange regulator said on Wednesday, compared with $109.2 billion in September. Capital outflows eased in October as the domestic stock market recovered after a crash over the summer...